The Harrisburg Authority will pay its entire $2.2 million, Sept. 1 payment to holders of incinerator bonds with debt reserve funds, as an incomplete board threatens the Pennsylvania agency’s ability to move ahead with needed business actions.

Board member Bill Cluck said the authority has sufficient reserve funds to pay investors the principal and interest costs due Sept. 1 on Series 1998A bonds and Series 2003A, B, and C bonds. Before the Sept. 1 payment, the Series 1998A and Series 2003 bonds each have $3.6 million of reserve funds, according to Cluck, one of two active members of the five-member board.

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